HSBC Cashback Credit Card vs CASHBACK SBI Card
HSBC Bank · SBI Card — side-by-side CardCheck comparison
CardCheck Score BattleDeterministic 0–100 Benchmark Rating
100% Unsponsored MITC Data
HSBC BankScoreVery Good
Annual Fee₹999
Max Reward10%
SBI CardScoreVery Good
Annual Fee₹999
Max Reward5%
HSBC Cashback Credit Card leads overall with a CardCheck Score of 74/100 (+4 pts over CASHBACK SBI Card).
4-Pillar Head-to-Head Breakdown
HSBC vs CASHBACKReward Power
35%HSBC35/35
CASHBACK34/35
HSBC Wins
Fee Value & ROI
25%HSBC20/25
CASHBACK20/25
Tie (20/25)
Lounge & Travel
20%HSBC11/20
CASHBACK4/20
HSBC Wins
Forex & Access
20%HSBC8/20
CASHBACK12/20
CASHBACK Wins
01—CardCheck Score & Pillars
- CardCheck Score
- 74Best
- 70
- Rating Verdict
- Very Good
- Very Good
- Reward Power (35%)
- 35/35
- 34/35
- Fee Value & ROI (25%)
- 20/25
- 20/25
- Lounge & Travel (20%)
- 11/20
- 4/20
- Forex & Access (20%)
- 8/20
- 12/20
02—Basic Info
- Bank
- HSBC Bank
- SBI Card
- Network
- Visa
- Visa
- Card type
- Regular
- Regular
- Best for
- Online food ordering — 10% cashback on Swiggy, Zomato and OTT platforms
- Online cashback
03—Fees
- Joining fee
- ₹999
- ₹999
- Annual fee
- ₹999
- ₹999
- Fee waiver
- ₹2,00,000
- ₹2,00,000
- Interest-free days
- 45
- 50Best
04—Interest
- APR (min)
- 42%
- 42%
- APR (max)
- 42%
- 42%
- Late payment fee
- ₹1,200Best
- ₹1,300
- Cash advance fee
- 2.5%
- 2.5%
05—Rewards
- Reward type
- cashback
- cashback
- Min rate
- 1.5%Best
- 1%
- Max rate
- 10%Best
- 5%
- Monthly cap
- ₹1,000
- —
06—Travel & Lounge
- Domestic lounge / qtr
- 1Best
- 0
- Intl lounge / year
- 0
- 0
- Priority Pass
- DreamFolks
07—Forex & Fuel
- Forex markup
- 3.5%
- 3.5%
- Fuel surcharge waiver
08—Features
- Metal card
- Contactless
- UPI linked
09—Eligibility
- Min age
- 18
- 21
- Min income / month
- ₹35,000
- ₹25,000
- Min CIBIL
- 720
- 700Best
- Invite only
Rows won
05of 07
02of 07
| Attribute ↓ | ★ Overall pick Column A | Column B |
|---|---|---|
01—CardCheck Score & Pillars Differences highlighted | ||
| CardCheck Score | 74Best | 70 |
| Rating Verdict | Very Good | Very Good |
| Reward Power (35%) | 35/35 | 34/35 |
| Fee Value & ROI (25%) | 20/25 | 20/25 |
| Lounge & Travel (20%) | 11/20 | 4/20 |
| Forex & Access (20%) | 8/20 | 12/20 |
02—Basic Info Differences highlighted | ||
| Bank | HSBC Bank | SBI Card |
| Network | Visa | Visa |
| Card type | Regular | Regular |
| Best for | Online food ordering — 10% cashback on Swiggy, Zomato and OTT platforms | Online cashback |
03—Fees Differences highlighted | ||
| Joining fee | ₹999 | ₹999 |
| Annual fee | ₹999 | ₹999 |
| Fee waiver | ₹2,00,000 | ₹2,00,000 |
| Interest-free days | 45 | 50Best |
04—Interest Differences highlighted | ||
| APR (min) | 42% | 42% |
| APR (max) | 42% | 42% |
| Late payment fee | ₹1,200Best | ₹1,300 |
| Cash advance fee | 2.5% | 2.5% |
05—Rewards Differences highlighted | ||
| Reward type | cashback | cashback |
| Min rate | 1.5%Best | 1% |
| Max rate | 10%Best | 5% |
| Monthly cap | ₹1,000 | — |
06—Travel & Lounge Differences highlighted | ||
| Domestic lounge / qtr | 1Best | 0 |
| Intl lounge / year | 0 | 0 |
| Priority Pass | ||
| DreamFolks | ||
07—Forex & Fuel Differences highlighted | ||
| Forex markup | 3.5% | 3.5% |
| Fuel surcharge waiver | ||
08—Features Differences highlighted | ||
| Metal card | ||
| Contactless | ||
| UPI linked | ||
09—Eligibility Differences highlighted | ||
| Min age | 18 | 21 |
| Min income / month | ₹35,000 | ₹25,000 |
| Min CIBIL | 720 | 700Best |
| Invite only | ||
| Rows won | 05of 07 | 02of 07 |
Quick Verdict & Key Differences
Verified MITC Data
| Key Specification | HSBC Cashback Credit Card | CASHBACK SBI Card |
|---|---|---|
| CardCheck Score | 74/100Very Good | 70/100Very Good |
| Annual Fee | ₹999 | ₹999 |
| Fee Waiver Spend | ₹2L/yr | ₹2L/yr |
| Max Reward Potential | 10% | 5% |
| Domestic Lounge Access | 1 / quarter | None |
| International Lounge | None | None |
| Forex Markup Fee | 3.5% | 3.5% |
Choose HSBC Cashback Credit Card if:
Your spending centers around online food ordering — 10% cashback on swiggy, zomato and ott platforms and you want direct partner rewards with HSBC Bank.
Choose CASHBACK SBI Card if:
Your spending aligns with online cashback and you prioritize SBI Card's redemption benefits.
Frequently asked questions: HSBC Cashback Credit Card vs CASHBACK SBI Card
- Which is better: HSBC Cashback Credit Card or CASHBACK SBI Card?
- HSBC Cashback Credit Card holds a higher overall rating with a CardCheck Score of 74/100 (Very Good) compared to 70/100 (Very Good) for CASHBACK SBI Card (a lead of +4 points). HSBC Cashback Credit Card provides better net value across rewards and fee structures.
- How do annual fees and fee waiver spend rules compare?
- HSBC Cashback Credit Card charges an annual fee of ₹999 with an annual spend threshold of ₹2 Lakh for renewal fee waiver. In comparison, CASHBACK SBI Card charges an annual fee of ₹999 with an annual spend threshold of ₹2 Lakh.
- How do the reward rates and cashback compare between HSBC Cashback Credit Card and CASHBACK SBI Card?
- HSBC Cashback Credit Card offers a base reward rate of 1.5% and up to 10% on accelerated partner categories. Meanwhile, CASHBACK SBI Card offers a base rate of 1% and up to 5% on eligible spends. Compare net returns against your monthly spend in our Rewards Calculator.
- Which card has better airport lounge access: HSBC Cashback Credit Card or CASHBACK SBI Card?
- HSBC Cashback Credit Card provides 1 domestic lounge visit(s) per quarter. On the other hand, CASHBACK SBI Card provides no complimentary domestic lounge access. Note that most issuers now require meeting minimum quarterly spend criteria (typically ₹10,000 to ₹50,000 in the preceding quarter) to unlock lounge access.
- Which card is better for international foreign currency spends?
- HSBC Cashback Credit Card levies a foreign currency markup fee of 3.5%, while CASHBACK SBI Card charges 3.5%. Lower forex markup directly reduces costs when transacting overseas or on international e-commerce platforms.
- Is CardCheck's comparison data unbiased and verified against official bank MITC?
- Yes. All credit card fees, interest rates, lounge visit quotas, and reward calculations on CardCheck are 100% unsponsored and verified directly against each bank's official Most Important Terms & Conditions (MITC).